Mortgages on rental properties is where cash goes to die.If you want to maximise your returns the last place you want it is sitting dead all in one property when your tenants are actually paying for the property.

You guys are dead on with the sales pitches.

I can't answer that, because they are all dead now, but I can say I don't believe that all renters are people with bad credit and like to party; perhaps that was just a different generation and we just don't find people like this any more.

The dead simple analysis says:Rent: $500Expenses: $250NOI: $250P&I: $333 (100%, 7%, 30 years)Cash flow: $-82Cash on Cash return: -66%Note that I'm including closing costs in the CoC return.Now, if I throw a lot of money at it, say 50%, I get:P&I: $166Cash flow: $83So, is this deal suddenly OK?

He quotes those numbers like nobody's business, and I have seen him dead on the money or extremely close one too many times.You'll be great getting started.

Maybe it is because I am asleep at the wheel and dead tired in the airport, but I can' tell that the scanners have changed any at some of the airports.

They live with Unicorns who crap rainbows in a corral that's owned by a dead Nigerian prince who put me in his will.

We had one tenant who locked himself out due to the knob locks twice in one week, so now I have just dead bolts on the apartment doors to prevent this from happening.  

It does take time, it does take management to bring valuations up, it may take repairs and improvements, but that's just a dead simple as a concept, it's 101, almost like I financed my Kool-Aid stand, no, that was more complicated, got money from mom, let a neighbor kid join in with his money, sold drinks, paid back mom, paid back the neighbor kid and his profit, used his table and chairs and I kept the rest, around the 3rd grade I think.

Sense it is dead of the winter you might be better of too lower your rent to get a good tenant.Joe Gore